Cumulative 2021 production of fishmeal up by 6.5%, fish oil up by 12% compared with same period in 2020

London, 14 October 2021

globeThe total cumulative productions of the countries[1] considered in the IFFO report during the first 8 months of 2021 were higher year on year: fishmeal up by 6.5%, fish oil up by 12%. In terms of fishmeal, Peru, Chile and India continue to be the only countries to report a higher cumulative production in 2021 with respect to the same period in 2020. Similarly, in terms of fish oil, Peru, Chile, India are the regions that so far have managed to increase their cumulative production during the first 8 months of this year.

Domestic fishmeal and fish oil production in China resumed in September

By end of September, all marine fishing bans have been lifted. As usual, the initial wild captures were mainly for direct human consumption, leaving small tonnage for fishmeal and fish oil. Domestic marine ingredients production usually has its peak in the last quarter of the year, therefore it is not clear yet what the local supply of fishmeal and fish oil will be this year.

Despite the worldwide containers' crisis, shipments of imported fishmeal continue to grow year on year, with historically high stocks in the ports‘ warehouses. Demand for marine ingredients remains healthy.


A taste of the many statistics and analyses that can be found in the market intelligence reports that IFFO dedicates to its members is reported in the above, covering IFFO’s analysis on marine ingredient market trends. They include an analysis of both the supply and demand sides of the market, with research focusing also on the global trends of animal farming and fish catches, agri-commodities, commodities’ prices and general macro-economic conditions. A specific and additional focus is made on China for the period covering January-August 2021 given that China is by far the main market for marine ingredients.

[1] Chile, Denmark, Faroe Islands, Iceland, India, Ireland, Ivory Coast, Mauritius, Norway, Peru, South Africa, the UK and the USA.